Amazon.com, Inc. $AMZN Shares Sold by Lockerman Financial Group Inc.

Key Points

• Lockerman Financial Group reduced its position in Amazon by 72.9% in Q4, selling 3,064 shares and leaving it with 1,141 shares valued at about $263,000.
• Significant insider selling occurred recently: SVP David Zapolsky sold 10,649 shares at an average of $205.43 and CEO Douglas Herrington sold 20,500 shares at $245 under a Rule 10b5‑1 plan, with insiders selling 93,186 shares (~$19.9M) over the past 90 days.
• Analysts are largely bullish—the consensus target is $287.38 with multiple price-target raises driven by AWS/AI momentum and the Globalstar deal—but the stock faces short-term risks like a third‑party sellers' ad boycott and concerns it may be overbought.

Lockerman Financial Group Inc. lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 72.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,141 shares of the e-commerce giant's stock after selling 3,064 shares during the quarter. Lockerman Financial Group Inc.'s holdings in Amazon.com were worth $263,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Fairway Wealth LLC increased its stake in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Sellwood Investment Partners LLC acquired a new stake in Amazon.com during the third quarter worth $27,000. Bridge Generations Wealth Management LLC increased its stake in Amazon.com by 2,330.0% during the third quarter. Bridge Generations Wealth Management LLC now owns 243 shares of the e-commerce giant's stock worth $53,000 after acquiring an additional 233 shares during the last quarter. Cooksen Wealth LLC increased its stake in Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after acquiring an additional 47 shares during the last quarter. Finally, PayPay Securities Corp increased its stake in Amazon.com by 62.3% during the third quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant's stock worth $55,000 after acquiring an additional 96 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, SVP David Zapolsky sold 10,649 shares of the firm's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 20,500 shares of Amazon.com stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $245.00, for a total value of $5,022,500.00. Following the completion of the transaction, the chief executive officer owned 499,861 shares of the company's stock, valued at approximately $122,465,945. This trade represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 93,186 shares of company stock valued at $19,921,739. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AMZN shares. Rothschild & Co Redburn set a $230.00 target price on Amazon.com in a research note on Wednesday, January 21st. Wall Street Zen cut Amazon.com from a "buy" rating to a "hold" rating in a research note on Saturday, January 10th. JPMorgan Chase & Co. raised their target price on Amazon.com from $265.00 to $280.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 25th. Moffett Nathanson raised their target price on Amazon.com from $283.00 to $288.00 and gave the stock a "buy" rating in a research note on Tuesday, April 7th. Finally, Cantor Fitzgerald raised their target price on Amazon.com from $250.00 to $260.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $287.38.

Amazon.com Trading Up 0.3%

AMZN opened at $250.56 on Friday. Amazon.com, Inc. has a 52 week low of $165.29 and a 52 week high of $258.60. The business has a fifty day simple moving average of $213.76 and a 200-day simple moving average of $225.11. The firm has a market cap of $2.69 trillion, a P/E ratio of 34.95, a P/E/G ratio of 1.87 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion for the quarter, compared to analysts' expectations of $211.02 billion. During the same quarter in the prior year, the business earned $1.86 earnings per share. The company's quarterly revenue was up 13.6% on a year-over-year basis. On average, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com News Roundup

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Market sentiment has flipped positive on Amazon as investors focus on AWS’s AI-driven growth and the stock briefly touched record territory. Read More.
• Positive Sentiment: Amazon’s acquisition of Globalstar (satellite connectivity) is being viewed as strategic for its LEO/satellite ambitions (Project Kuiper/complementary assets), helping re-rate the stock. Read More.
• Positive Sentiment: AWS continues to land high‑profile customers (media/AI wins), reinforcing the enterprise AI revenue runway that underpins multiple expansion. Read More.
• Positive Sentiment: Multiple analysts and notable investors are raising targets or adding to positions (Truist, JPMorgan commentary and public buys), supporting momentum and sentiment. Read More.
• Positive Sentiment: Operational tailwind: NiSource expanded power agreements to accelerate energy delivery to Amazon data centers, easing one constraint on AWS capacity growth. Read More.
• Neutral Sentiment: Company initiatives beyond core cloud/retail — e.g., longer theatrical runs for content and investments in energy/space through affiliates — signal diversification but are longer‑term revenue drivers. Read More.
• Neutral Sentiment: Insider activity: CEO Douglas Herrington sold shares under a prearranged 10b5‑1 plan (disclosed sale), which is normal for planned programs but will be watched by some investors. Read More.
• Negative Sentiment: Marketplace friction: hundreds of large third‑party sellers staged a one‑day ad boycott over payout and ad‑payment changes and Amazon introduced fuel surcharges in some regions — a reputational and near‑term revenue risk for retail and ad businesses. Read More.
• Negative Sentiment: Valuation/technical caution: some analysts and market commentators flagged the stock as overbought after the rally, warning of a possible pullback despite the strategic positives. Read More.

Amazon.com Company Profile

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon's online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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